The bill appropriates a total of $18,518,738 to the New Jersey Historic Trust, sourced from constitutionally dedicated corporation business tax revenues, for various historic preservation projects and administrative costs. Specifically, it allocates $16,598,738 for capital preservation grants, historic site management grants, and easement purchases, with detailed funding for 43 capital projects totaling $15,031,000 and 34 management projects amounting to $1,467,738. Additionally, $100,000 is designated for purchasing a historic preservation easement, and $1,920,000 is earmarked for administrative expenses related to the implementation of the Preserve New Jersey Act.

The bill stipulates that any transfer of funds or changes in project sponsors, sites, or types will require approval from the Joint Budget Oversight Committee. Furthermore, it allows for the possibility of additional funding for previously approved historic preservation projects if there are remaining funds after the initial allocations have been made. All projects funded under this bill must be listed or eligible for listing in the New Jersey and National Register of Historic Places, ensuring that they meet specific preservation criteria.